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Publish Date : 25-Apr-2019

On Earth Day, Governor Steve Sisolak signed Senate Bill 358 into law, committing Nevada to raising its renewable portfolio standard (RPS) to 50% by 2030 and fulfilling a pledge he made in his State of the State address. Senate Bill 358 is sponsored by Sen. Chris Brooks (SD-03) and passed with unanimous bipartisan support out of both chambers of the Nevada Legislature.

Renewable energy is a major cornerstone of my economic development plan, and this bill will put Nevada back on the path toward renewable energy leadership on a nationwide level and continue to bring well-paying jobs to our communities, Governor Sisolak said. Today, Nevada sent a message to the country and world that the Silver State is open for business as a renewable leader, and our commitment to growing our clean energy economy transcends party lines.

Nevada first enacted a renewable portfolio standard, or RPS, in 1997, becoming the second state in the nation to commit to a target for renewable energy development. By raising Nevadas RPS to require 50% of the states energy come from renewable sources by the year 2030, Nevada reclaims its clean energy leadership role by having one of the highest RPS standards in the country.

Increasing Nevadas RPS brings a multitude of economic benefits to the state. Through the Governors Office of Energys Renewable Energy Tax Abatement Program, the state has seen roughly 45 renewable energy projects developed. These projects power Nevadas homes and businesses while creating 8,600 construction jobs and bringing nearly $8 billion in capital investment to all corners of the state.

Nevadas clean energy jobs totaled more than 32,000 at the end of 2018. By some estimates, meeting the targets of Nevadas new RPS could support an additional 11,170 full-time jobs by 2030 and generate $539 million in wages and $1.5 billion in economic activity.

Last month, Governor Sisolak announced that Nevada had joined the U.S. Climate Alliance, a bipartisan coalition of governors committed to reducing greenhouse gas emissions consistent with the goals of the Paris Agreement. Increasing Nevadas RPS will reduce the states greenhouse gas emissions and improve air quality in support of the Climate Alliances goals.

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